Week begins with decline after long holiday
Photo: BSS.
The first working day of the week, Sunday, ended with declines in both indices and trading at the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE). On this day at the DSE, alongside the index and trading, the share prices of most companies fell.
According to DSE sources, at the end of the day, the DSE's main index, DSEX, fell by 18 points to stand at 5,432 points. In addition, the DSE Shariah Index fell by 9 points to 1,060 points, and the DSE-30 index, composed of selected shares, fell by 1 point to stand at 1,101 points.
On this day at the DSE, out of 383 companies and mutual funds traded, 64 saw price increases, 283 saw decreases, and 38 remained unchanged. A total of 430 crore 72 lakh taka worth of shares and units were traded in the market, which is 71 crore 91 lakh taka less compared to the previous working day's 502 crore 63 lakh taka.
At the DSE on Sunday, Desh Garments Limited topped the list of price decliners. The company's share price fell by 11 taka 30 paisa, or 8.93 percent, taking the top spot on the decliners' list. Metro Spinning Limited was second on this list, with its share price falling by 7.95 percent. Bangladesh Building Systems PLC, in third place, saw its share price fall by 7.77 percent.
The other companies in the top ten decliners were Shepherd Industries, Usmania Glass Sheet, Sayham Textile Mills, CVO Petrochemical Refinery, Information Services Network, Anlima Yarn Dyeing Limited, and Queen South Textile Mills Limited.
Despite the overall market decline, the share prices of several companies increased. Bangladesh National Insurance PLC topped the gainers' list at the DSE. The company's share price rose by 14 taka 30 paisa, or 9.29 percent, compared to the previous working day. CAPM IBBL Islamic Mutual Fund was second on the list with an 8.67 percent price increase, and Prime Finance and Investment Limited was third with an 8 percent price increase.
The other companies in the top ten gainers were Libra Infusion, IBBL Mudaraba Perpetual Bond, Peoples Leasing and Financial Services, Islamic Finance and Investment, Premier Leasing and Finance, Midland Bank PLC, and Al-Arafah Islami Bank PLC.
In terms of taka value, BRAC Bank PLC topped the DSE with the highest trading, with a total of 32 crore 6 lakh 66 thousand taka worth of shares traded. City Bank PLC, in second place, had 15 crore 38 lakh 93 thousand taka worth of shares traded, and Matin Spinning Mills PLC was third with 11 crore 71 lakh 52 thousand taka worth of shares traded.
The other companies on the top trading list were Prime Bank, Asiatic Laboratories, Sonali Aansh, Beximco Pharma, Square Pharma, Eastern Bank PLC, and Far Chemical and Textile Industries PLC.
On the other hand, at the Chittagong Stock Exchange (CSE), the overall index CASPI fell by 22 points to stand at 14,581 points. Throughout the day at the CSE, 163 institutions participated in trading, of which 59 saw price increases, 86 saw decreases, and 18 remained unchanged. On this day, a total of 16 crore 12 lakh taka worth of shares and units were traded at the CSE.
